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04 Apr
11:39

UK construction activity sinks in March

Activity in the UK construction sector slipped heavily in March to such an extent that it was almost a ‘plummet’. The latest IHS Markit/Chartered Institute of Purchasing and Supply (CIPS) survey monitored by Kallanish showed a marked fall in activity for what is usually a fairly healthy month for UK construction output. The seasonally-adjusted IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) fell sharply from 51.4 in Februa…
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